Six Seasonal Shiping Facts You Should Know
Now that winter is almost over, demand for seasonal products such as flowers, plants and produce continues to grow. Shippers who transport goods from the Southern United States to the Midwestern and Northeastern United States will want to make sure their seasonal shipping knowledge continues to blossom. See more here.
Iowa Trucking Companies Step Up To Aid Midwest Flood Recovery
According to the Iowa Motor Truck Association, trucking companies in Iowa have dispatched more than 100 trucks for disaster relief. Iowa truckers continue to haul equipment, food, water and other goods to disaster-stricken areas of Iowa, Nebraska and Kansas. See more here.
S301 List 3 Tariff Rate Increase Postponed “Until Further Notice”
The office of the United States Trade Representative (USTR) recently issued a notice, officially “postponing” the tariff rate increase “until further notice.” S301 List 3 tariffs will remain at 10 percent instead of increasing to 25 percent. See more here.
Container Volumes Expected To Grow In 2019
A recent report from American Shipper Magazine predicts that container volumes could grow by 1.8 percent in 2019. In 2018, container volumes grew 6.1 percent. See more here.
United Kindgom’s Plans For Leaving The European Union
The UK originally planned to leave the European Union by March 29, 2019. However, factors such as a driver shortage and port congestion prompted the UK to delay its official exit date.
For more information, please contact us or reach out to your Ascent Global Logistics representative.
National Retail Federation Reports February Retail Sales Growth
According to the National Retail Federation, online retail sales for February 2019 increased 10.1 percent year-over-year. Big-box retail suppliers will need to make sure their supply chains account for the continued online retail sales growth. See more here.
Target Includes Supplier Emissions In New Climate Goals
Target recently released new climate goals requiring suppliers to set carbon emission standards by 2023. Suppliers will need to prioritize reducing warehouse facility carbon emissions. See more here.
Statistic of the Week
The value of goods that pass through the US-Mexico border annually, according to the Commerce Department. Click here to access more stats.
Links of the Week
Catch up with the Ascent Global Logistics team at the below upcoming events:
HIGH POINT FURNITURE MARKET
High Point, NC – April 6-10, 2019
TIA CAPITAL IDEAS CONFERENCE
Las Vegas, NV – April 10-13, 2019
NCBFAA ANNUAL CONFERENCE
San Antonio, TX – April 14-17, 2019